Montgomery has a great rental market. 1)The last numbers I saw showed 47% of homes here are rentals. 2)That is due to a strong federal job market with federal courthouses, Maxwell and Gunter air force bases. 3)Lots of state jobs, about 10 colleges and universities, tourism, 3 major hospitals, 4)a Hyundai manufacturing plant, and Amazon is building a distribution warehouse.5) Low property taxes.6) Population growth.7) Landlord friendly state.8) We can typically hit the 1% rule on rent to price ratioFrom Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.

This allowed us to not only tap into the tourism market but also gave us access to traveling medical professionals and students as well that would provide long term tenants if we were prevented from continuing with the STR model.Although we still have a long ways to go to meet our goals, we are excited for the foundations we had setup for this property to this point.

Over the past 5-8 years the market for higher end hotels, condos, and apartments has exploded along with tourism in the area. 

And it’s not just because of the music or tourism industry, which is what most folks think about when they think of Nashville (who spend $27 million / day).

Eco-tourism will be featured, as will sheep/goats/cattle for some seasonal forage management.

Eco-tourism (outfitter tents) for off-grid wildland camping, bird watching, mtn biking, hunting and dark-sky stargazing will bring incremental revenue.

Most townships are very pro because they currently get no tax dollars from tourism in their cities, but that's a bad tax law problem, not an STR problem that we need to solve by being double or triple taxed.  

Short-Term Rentals:With its growing tourism industry and thriving business sector, Charlotte is a hotspot for short-term rental properties.

, tourism, future development, etc.

Shoot me a message I can try and help as I beat my market in the slow months by staying 80% full but I use unique pricing strategy.currently in 2024 , there's slight reduction of booking all over island due to lesser number of tourism arrival.